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Markets buoyed by news of Greek debt deal
Markets were shored up by the news that Greece's party leaders agreed a deal on new cuts that are necessary for the country to get crucial bailout funds.Greece needs the euro130 billion ($172 billion) of bailout money and a euro100 billion reduction of its private sector debt to avoid defaulting on its debts next month when a big bond repayment is due — a scenario that could send shock waves

India, EU to expedite trade talks

India and the 27-nation European Union (EU) on Friday vowed to “expedite” talks to conclude a trade deal, even as both sides missed yet another deadline to sign the ambitious

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We are exploring asset light biz model: A Subba Rao

The past four quarters have been weighing on GMR Infrastructure as the heavy investments on upgrading the Delhi International Airport and the protracted discussions with government to have the

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Tussle over carbon tax on airlines

India has conveyed its displeasure on Europe’s decision to levy a carbon tax on airlines. The issue was taken up by civil aviation minister Ajit Singh, who told the European delegates this

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Greeks protest as EU seeks more austerity cuts

Greek workers went on strike against austerity measures on Friday, docking ships and halting public transport, hours after euro zone finance ministers said Athens needed to make more cuts to

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Ex-president of Maldives seeks polls

The former president of the Maldives, Mohamed Nasheed, on Friday demanded fresh elections and said he would organise street protests in the Indian Ocean archipelago best known as a luxury beach

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